Common use of Written Agreements Clause in Contracts

Written Agreements. No reinsurance agreement or amendment to any agreement may be used to reduce any liability or to establish any asset in any financial statement filed with the Department, unless the agreement, amendment or a binding letter of intent has been duly executed by both parties no later than the "as of date" of the financial statement.

Appears in 3 contracts

Samples: Life and Health Reinsurance Agreements, Life and Health Reinsurance Agreements, Life and Health Reinsurance Agreements

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Written Agreements. No reinsurance agreement or amendment to any agreement may be used to reduce any liability or to establish any asset in any financial statement filed with the Departmentdepartment, unless the agreement, amendment or a binding letter of intent has been duly executed by both parties no later than the "as of date" of the financial statement.

Appears in 2 contracts

Samples: Ins 308 Life and Health Reinsurance Agreements, Ins 308 Life and Health Reinsurance Agreements

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